The Malaysian rubber market closed lower yesterday on further - TopicsExpress

The Malaysian rubber market closed lower yesterday on further weakening of the ringgit, dealers said. A dealer said the rubber market opened lower in tandem with lower opening prices on the Tokyo Commodity Exchange (Tocom) due to better-than-expected economic data from China, the world’s biggest rubber buyer. At close, the Malaysian Rubber Board’s official physical price for tyre-grade SMR 20 eased one sen to 534 sen a kg while latex-in-bulk went down 0.5 sen to 458 sen a kg. The unofficial closing price for tyre-grade SMR 20 added 4.5 sen to 538 sen a kg while latex-in-bulk gained two sen to 460.50 sen a kg. Bernama

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